Money is power, and oil is a commodity – one that was once solely reliant on the dollar. The US knows that’s shifting ...

Venezuela’s interim government is selling more dollars through private banks as part of an ongoing effort to keep the currency stable amid political uncertainty.

Figures show Venezuela’s public debt sits at roughly 180 percent of its GDP as the country struggles with tumult.

US President Donald Trump on Friday (local time) said that Venezuela has offered Washington “50 million barrels of oil” worth USD 5.2 billion, and he has agreed to that deal. Addressing the press on ...